Cost-wary tech majors ramp up onsite hiring

BENGALURU | MUMBAI: Indian technology services companies, including Infosys, TCS, Wipro and HCL Technologies, are ramping up hiring at their innovation hubs and offices onsite, to reduce subcontracting costs.

Infosys, which hired more than 10,000 people in the US and set up six key innovation hubs during the past couple of years, is trying to create a talent pyramid at its hubs. The software services exporter has also reduced dependence on H-1B visas significantly during the past two years. Infosys’ larger rival Tata Consultancy Services (TCS) is focusing on strategic hiring across geographies to contain higher subcontracting costs.

Wipro, which achieved nearly 68% localisation in the US, said it is “making significant investment in training and reskilling our workforce” onsite and continued campus hiring.